The King's Award for Enterprise

Warwickshire is full of exciting and innovative businesses, and The King’s Awards for Enterprise are a great way of celebrating their success. Whether a small business with a great innovative product or service, or a larger company running an impressive social mobility programme, these awards are regarded as the most prestigious way to recognise UK businesses and their contribution to enterprise. The King’s Awards for Enterprise are awarded to businesses for outstanding achievement in four categories: Innovation Innovation achievements are assessed for: invention, design or production of goods; performance of services; marketing and distribution; or, after-sale support of goods or services, that have realised outstanding commercial success over 2 years or continuous commercial success over 5 years. International Trade Winners have demonstrated that their business has achieved substantial growth in overseas earning and in commercial success (for their business size and sector) through either outstanding achievement over 3 years or continuous achievement over 6 years. Sustainable Development Winners in this category demonstrate commercially successful sustainable development practices. Sustainable development achievements are assessed for: invention, design or production of goods; performance of services; marketing and distribution; after-sale support of goods or services; or, management of resources or relationships with people and other organisations. Promoting Opportunity (through social mobility) This category recognises businesses and organisations that are providing high quality social mobility initiatives and programmes that specifically reach out and support people from disadvantaged backgrounds, in order to inspire and guide the best talent into their organisation and beyond. The programmes include work experience, careers advice or mentoring for young people; offering non- graduate routes such as traineeships or changing recruitment practices; and, giving equal support and progression opportunities to all employees. Fact: In 2022 there were 232 winners across the UK: 141 for International Trade, 51 for Innovation, 31 for Sustainable Development, and 9 for Promoting Opportunity.” Left to right: Jason Aldridge, Louise Bennett - Chief Executive of the Coventry and Warwickshire Chamber of Commerce, Lord Lieutenant Tim Cox, Craig Tracey MP, and Martin Porter receiving Arrowsmith Engineering’s Queen’s Award for International Trade 2020. About The Awards